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gets under way right now. >>> and welcome back, everybody, to the "closing bell." i'm mandy drew i sitting in for maria bartiromo. lots of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests
gets under way right now. >>> and welcome back, everybody, to the "closing bell." i'm mandy drew i sitting in for maria bartiromo. lots of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has...
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Dec 27, 2012
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i said we had $100 trillion underfunded liability, i was off by 22 trillion. we need to get more serious than this vacationing back and forth put something together quick, tim geithner throwing in the debt ceiling limit. kabuki theater might have been good for most of the last 237 years, okay, but it isn't any good anymore. we really need to get serious. now to the markets. if you look at year-to-date chart, these are very interesting. year-to-date of our ten-year, we're the 175 down a couple on the day but on the year, we are exactly down a dozen basis points, the bound is down close to 50, okay? closer to 50, i think 46 or 47 basis points, to be exact. we want to continue to monitor that spread, giving a glimpse into how the fixed income markets are handicapping future economic growth, in part in my opinion. we look at the following chart, the euro versus the dollar, yes, at fresh eight-month highs but the real trade, melissa lee accurately pointing to all morning is the yen and very informed. as you look at an interday chart of the yen, you can see a wester
i said we had $100 trillion underfunded liability, i was off by 22 trillion. we need to get more serious than this vacationing back and forth put something together quick, tim geithner throwing in the debt ceiling limit. kabuki theater might have been good for most of the last 237 years, okay, but it isn't any good anymore. we really need to get serious. now to the markets. if you look at year-to-date chart, these are very interesting. year-to-date of our ten-year, we're the 175 down a couple...
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Dec 27, 2012
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the futures right now, up 22 points or so. quiet. for being so portentous, for waiting, ominous, the vix quiet. the markets still above 13,000. we'll see whether that all changes and whether, you know, we just had the discussion. is it really a tarp-like moment? that was frightening. remember andrew. >> i do remember that. i'm not sure we're there. >> right. >> the commercial paper. biggest companies in the world unable to do overnight funding. >> i don't think there's any comparison. >> i don't either. >> although we've tried. >> chris whalen is here and financials have been the top performing sector in 2012, seeing gains of 26% year to date. the low interest rate environment is putting a lot of pressure on profit margins. what's the story for 2012? >> whalen is the executive vice president for -- this is new for you, carrington investment services. and our guest host, john kanas, president and chairman of bankunited. do you have anything positive to say about banks ever? >> oh, no. i love his banks. >> you love his banks? >> anythi
the futures right now, up 22 points or so. quiet. for being so portentous, for waiting, ominous, the vix quiet. the markets still above 13,000. we'll see whether that all changes and whether, you know, we just had the discussion. is it really a tarp-like moment? that was frightening. remember andrew. >> i do remember that. i'm not sure we're there. >> right. >> the commercial paper. biggest companies in the world unable to do overnight funding. >> i don't think there's...
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Dec 26, 2012
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that's the first hour of the "closing bell." stand by now for hour number two. >> and welcome back, to the "closing bell." i'm mandy drury sitting in for maria bartiromo. it is the end of another trading day, and, no, we do not have a fix for the fiscal cliff. guess what, the numbers also reflect that. let's take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s&p 500 is down by about seven points, and as i said it is crunch time. there are only three trading days left now for 2012 and still no deal to avoid going over the fiscal cliff. all signs are pointing to more talks for lawmakers to try to hash things out. should wall street bet on a fix before january the 1st or is that wishful thinking? >> let's find out. let's speak to our guests. welcome to all of you. brian, where do you make of where we're going right now? you're the one that remains sort of neutral. you're buying this market right now, a
that's the first hour of the "closing bell." stand by now for hour number two. >> and welcome back, to the "closing bell." i'm mandy drury sitting in for maria bartiromo. it is the end of another trading day, and, no, we do not have a fix for the fiscal cliff. guess what, the numbers also reflect that. let's take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down...
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Jan 2, 2013
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i think gaining 22% since september. what has the market done? flattish? slightly down? is the fed no matter a factor we need to talk about? >> this is easy money. easy money is good. i was talking p this morning, you have to lock in that mortgage. my thoughts for 20131 rates will go up. the economy will be better than people think. >> get your refie now. >> i wonder if this can keep that up. >> there are treasuries -- >> they've got it now. i just don't know if they can keep it. >> we never established the word of 2013. we had hopium two years ago. i think munich should be the word of 2013. that's a honey boo boo term. eunuchize. >> who knows how long they can that v that up. you have it so they don't buy bonds. you see the real rates of bonds and congress does panic opinion but obviously, i think everyone coming on identified that spending is way out of control. that we don't have enough people to afford the future. but i refuse to be as negative as others. >> a spendaholic. >> senator corker is amazing. he is. he is just amazing 37 by the way, very good friends of pey
i think gaining 22% since september. what has the market done? flattish? slightly down? is the fed no matter a factor we need to talk about? >> this is easy money. easy money is good. i was talking p this morning, you have to lock in that mortgage. my thoughts for 20131 rates will go up. the economy will be better than people think. >> get your refie now. >> i wonder if this can keep that up. >> there are treasuries -- >> they've got it now. i just don't know if...
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Jan 3, 2013
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everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. . losi butterfield. elosi. calvert. boehner. >>> want to take you down to d.c., give you a shot of the house chamber, where the house begun voting on its next speaker, john boehner expected to win re-election. wasn't always easy getting his troops in line during the fiscal cliff negotiations. but, again, speaker boehner suspected to win re-election for the 113th congress. any surprises happen we'll let you know about them. that's the process going on right down in the house chamber. it's time to get a realtime tried with keith mccullough. big move in stocks is what you see. good to see you. happy new year. what's going on? >> i think you have to really think through what growth has started to do here, scott. that's stabilize it. we have gone from growth slowing to where the fed had to provide a tremendous amount of whatever that was to growth stabilizing, in spite of the fed and congress. so, what do
everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. . losi butterfield. elosi. calvert. boehner. >>> want to take you down to d.c., give you a shot of the house chamber, where the house begun voting on its next speaker, john boehner expected to win re-election. wasn't always easy getting his troops in line during the fiscal cliff negotiations. but, again,...
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to talk about that. >> we go to an election in 2014 we're going to have between a $20 trillion and $22 trillion ceiling. that's going to be the complete talk of the next midterm elections. >> okay, mr. santelli. we'll be talking to you-ish. >> happy new year to you guys. >> we'll see you on wednesday on the other side of the cliff. >> all right. when we come back, he has been a leading voice in the senate during these fiscal cliff negotiations. republican senator bob corker will sit down with joe kernen and john harwood right after this. as we head to a break right now, take a look at the futures. >>> welcome back to a special edition of "squawk box." here's joe kernen, and john harwood, live from our nation's capital. >> i'm saying is you -- >> we are back with a special guest, senator bob corker is here with the latest on the fiscal cliff negotiations. and we'll get to, since you're privy to what's happening, john is also hearing things. but first of all, you wrote a letter to president obama after his appearance on "meet the press." >> yeah. >> after he said i have proposed a trilli
to talk about that. >> we go to an election in 2014 we're going to have between a $20 trillion and $22 trillion ceiling. that's going to be the complete talk of the next midterm elections. >> okay, mr. santelli. we'll be talking to you-ish. >> happy new year to you guys. >> we'll see you on wednesday on the other side of the cliff. >> all right. when we come back, he has been a leading voice in the senate during these fiscal cliff negotiations. republican senator...
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you see john boehner there. despite recent drama, current speaker john boehner is expected to be re-elected but of course this is something that we continue to follow for you. >>> adp coming out with a better than expected jobs number this morning. goldman sachs just raised its estimate for tomorrow's employment report to a gain of 200,000 jobs from 175,000. for more, let's bring in ward mccarthy, chief u.s. economist at jeffries. good morning to you. >> good morning. >> are you upbeat about tomorrow's employment report, non-farm payrolls? >> i'm pretty upbeat. i think we'll be a solid reading on the private second sore side, i think we'll get an increase of about 188,000. we'll probably lose about 8,000 government jobs but i expect that we'll see a rebound in construction activity and we'll get a little bit of a post-sandy boost as well, i think. >> that's interesting. so you don't believe that the fiscal cliff -- the fiscal cliff will have negatively impacted the figures potentially. >> i think it will on the
you see john boehner there. despite recent drama, current speaker john boehner is expected to be re-elected but of course this is something that we continue to follow for you. >>> adp coming out with a better than expected jobs number this morning. goldman sachs just raised its estimate for tomorrow's employment report to a gain of 200,000 jobs from 175,000. for more, let's bring in ward mccarthy, chief u.s. economist at jeffries. good morning to you. >> good morning. >>...
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Dec 26, 2012
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she's getting set for "closing bell." boies, you'll remember, was involved with an amway case, right. herbalife and amway, not exacts same company, but he's familiar with the way the companies operate in a general level. do you think that maybe there's just your professional part of it, maybe trying to make ackman a little bit scared? >> you know, that certainly is a possibility, and i wouldn't put that past anyone. you know, as i said, it still remains a little bit unclear as to exactly what the real, real motive is for hiring this firm, but you can certainly make that argument and put those two together, but i think, that you know, the big takeaway here is this stock has had a huge, huge drop and, you know, some people are coming out now and saying the stock has gone too far too fast and maybe it's due for a run-up. time will tell and we'll see. i don't know. kind of hard to bet against bill ackman at this point. >> thank you for your time. up next, really fast trains in china. we've decided to great year in the gulf, p
she's getting set for "closing bell." boies, you'll remember, was involved with an amway case, right. herbalife and amway, not exacts same company, but he's familiar with the way the companies operate in a general level. do you think that maybe there's just your professional part of it, maybe trying to make ackman a little bit scared? >> you know, that certainly is a possibility, and i wouldn't put that past anyone. you know, as i said, it still remains a little bit unclear as...
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to say that boehner caved, right? >> you know, look, everybody -- the reason this bill passed is because everybody hates it. if anybody liked it -- >> the left doesn't hate it. >> if anybody liked it, it wouldn't have passed. >> i think the president likes it, he won -- one of the weirdest things -- >> and joe, i don't think he won. look, the -- what did they get on the budget sequester? >> come on. now be happy -- you're still not happy? be happy now. how about this -- what about the notion that suddenly those -- those reviled bush tax cuts basically are permanent now, aren't they, for everyone under 400? >> yes, they are. >> that's kind of something, isn't it? something that the democrats just hated so much. i don't know. it became -- became -- >> permanent or not. >> to be clear about what they hated. >> they last a while. >> to be here about what they hated, joe, they hated tax cuts for people at the top because of their view of the way the -- >> i know. >> the inequality was being -- >> i know. you know what i'm
to say that boehner caved, right? >> you know, look, everybody -- the reason this bill passed is because everybody hates it. if anybody liked it -- >> the left doesn't hate it. >> if anybody liked it, it wouldn't have passed. >> i think the president likes it, he won -- one of the weirdest things -- >> and joe, i don't think he won. look, the -- what did they get on the budget sequester? >> come on. now be happy -- you're still not happy? be happy now. how...
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obviously speaker boehner tried to pass his plan b bill. they lost a tremendous amount of leverage on that. a month ago, we were talking about house republicans said they want $2.2 trillion in cuts. and now, we have this bill that really didn't have any significant cut what is so ever. i think republicans are going to have to re-group and decide how they're going to move forward together because they are just so fractured. you have at least 50 defections on the republican side on any big bill that comes to the house bill and if democrats don't want to pass the bill, well, then, the bill won't pass. >> that would suggest that the fiscal cliff could be lethal. >> it could be. definitely could be. and i think with any bill, any big deal on tax reform or entitlement reform, it has to be bipartisan. the only big bill that i've seen that has gone through with major ramifications was obama care and that got narrowly by a democrat in the white house. otherwise, the party's going to have to come together. we've got immigration reform, possibly gun c
obviously speaker boehner tried to pass his plan b bill. they lost a tremendous amount of leverage on that. a month ago, we were talking about house republicans said they want $2.2 trillion in cuts. and now, we have this bill that really didn't have any significant cut what is so ever. i think republicans are going to have to re-group and decide how they're going to move forward together because they are just so fractured. you have at least 50 defections on the republican side on any big bill...
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everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪
everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales...
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he's going to be on right through closing bell. today's -- no? >> i will. i might read off the prompter. you never know . >>> the top story, the looming fiscal cliff. the top story really is the brioni tie -- >> i wanted to make a good impression. >> you did. no, if you haven't heard there's a thing called the fiscal cliff. it's -- tax hikes and -- spending cuts that will in come on january 1. and they have done nothing to avert this. both parties say a partial agreement is probably the most that can be expected before january 1. here's a look back at some negotiations that we saw and some key developments that no one has risen above. >> the fiscal cliff, yes, it is still loom figure you're wondering. >> i think we could be taken to the brink again. >> the market is responding to the pending fiscal cliff. >> businesses have stopped investing. business has stopped spending. business has stopped hiring. >> nobody knows what's going to happen. there's outlandish guesses on both sides. >> it wouldn't surprise me if we go past january 1. >> you can't tax your wa
he's going to be on right through closing bell. today's -- no? >> i will. i might read off the prompter. you never know . >>> the top story, the looming fiscal cliff. the top story really is the brioni tie -- >> i wanted to make a good impression. >> you did. no, if you haven't heard there's a thing called the fiscal cliff. it's -- tax hikes and -- spending cuts that will in come on january 1. and they have done nothing to avert this. both parties say a partial...
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but what happens now as a budget bell draws closer? we're rising above the debt threat today, with guest host former new hampshire senator and governor judd gregg. >> and our special guest, former white house budget director peter orszag and former dnc chairman howard dean. they'll join the conversation on how to weather the next fiscal storm. >>> plus, breaking news on the employment front, and the state of financials. we've got all the details as the second hour of "squawk box" starts right now. >>> good morning, everybody. welcome back to "squawk box" here on cnbc, i'm becky quick along with joe kernen and and drew ross sorkin. in studio with us as guest host this morning we have goldman sachs international adviser, former senator from new hampshire and former governor judd gregg. good morning, judd. >> becky, great to be here. >> happy new year. by the way, judd is also a cnbc contributor. got a lot to talk with him about today. take a look at the futures which are dawn, but probably not a real surprising drop after that massive ga
but what happens now as a budget bell draws closer? we're rising above the debt threat today, with guest host former new hampshire senator and governor judd gregg. >> and our special guest, former white house budget director peter orszag and former dnc chairman howard dean. they'll join the conversation on how to weather the next fiscal storm. >>> plus, breaking news on the employment front, and the state of financials. we've got all the details as the second hour of "squawk...
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Dec 27, 2012
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and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i don't like it in january, judge, for what i just mentioned because we will see tax laws selling. we have not seen. we have seen gains selling, people taking gains. when they start taking these loss and when all the rest of this stuff kicks in, that's when i worry these guys will make an even worse deal in panic in january. >> let's go to our guests. what is the best way to protect your money with the cliff deadline a few days away, jason pride, director of glenn me. how are you doing? how do you perceive the markets with a couple days of trade iin left? >> i kind of agree with the conster
and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the...
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he should go to belle harbor, to breezy point. he should talk to those folks whose homes were burned to the ground. i was standing there with senator schumer, who worked so hard to try to get us this money, standing there as people walked up to that area that had been burnt. and you could tell, wolf, on their face whether their home had made it or not. they would see whether their home was bunt to the ground or still standing. i don't know why speaker boehner didn't do what he should have done. why he didn't lead. but he needs to answer to that question, to those people in coney island. to those people in lower manhattan. to those people in the rockaways and in far rockaway. and you know what? there really isn't a good answer for being speaker of the house of representatives and being so devoid of any leadership or really responsible action. and it sends not just a bad message to those of us who've been impacted by sandy. this leaves a question mark for americans about what congress will do when they and if they are ever in need.
he should go to belle harbor, to breezy point. he should talk to those folks whose homes were burned to the ground. i was standing there with senator schumer, who worked so hard to try to get us this money, standing there as people walked up to that area that had been burnt. and you could tell, wolf, on their face whether their home had made it or not. they would see whether their home was bunt to the ground or still standing. i don't know why speaker boehner didn't do what he should have done....
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within the first hour of the opening bell, stocks soared 215 points. the dow jones is now up 233 points and no doubt investors are happy the nation won't plummet over the fiscal cliff. the hundreds of billions of dollars in tax hikes and spending cuts that were to hit if no deal was reached. >> taxes were going up when all americans on january 1st and we made permanent the bush tax cuts for 99% of americans. i think that's an important thing to do. >> the house passed the bill 257-167 with nearly all the nays coming from republicans. there is much more in the 157-page bill. and that's why jamie dupree is here with me, the radio news director for the washington bureau of the cox media group. jamie, thank you for joining us. there are a lot of tax breaks, what is called extenders, dozens and dozens of them including 340 million for film production, nascar gets a $70 million tax benefit. tell me about some of the other ones. are they all special interests here? >> they're not all special interests. but a lot of them, don, do have to do with business. ther
within the first hour of the opening bell, stocks soared 215 points. the dow jones is now up 233 points and no doubt investors are happy the nation won't plummet over the fiscal cliff. the hundreds of billions of dollars in tax hikes and spending cuts that were to hit if no deal was reached. >> taxes were going up when all americans on january 1st and we made permanent the bush tax cuts for 99% of americans. i think that's an important thing to do. >> the house passed the bill...
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Dec 28, 2012
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at the opening bell, a dive of more than 1%. investors finding little hope for the fiscal cliff compromise on capitol hill. when word came down two sides might be meeting. reversal of fortune. the dow rebounding for a while before finishing slightly lower. >>> a nation this morning remembering the american general credited with orchestrating one of the most lopsided military victories in military history. general norman schwarzkopf died yesterday in florida. he was 78 years old. and remembered by many from briefings like this one here, a media savvy general taking the lead in the first gulf war. the white house saying this about the general last night. our prayers are with the schwarzkopf family who tonight can know his legacy will endure in a nation that is more secure because of his patriotic service. senator john mccain on twitter calling the general one of the great american heroes. we thank him for his service. stormin norman, as he was called, was a big man who left a big legacy. with us this morning is another general, ge
at the opening bell, a dive of more than 1%. investors finding little hope for the fiscal cliff compromise on capitol hill. when word came down two sides might be meeting. reversal of fortune. the dow rebounding for a while before finishing slightly lower. >>> a nation this morning remembering the american general credited with orchestrating one of the most lopsided military victories in military history. general norman schwarzkopf died yesterday in florida. he was 78 years old. and...
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forward to the situation room coming up in just minutes. >>> we're also minutes away from the "closing bell." let's go to felicia taylor. felicia? >> adding 115,000 to jobless claims. we also got good news on auto sales. ford, chrysler, gm all having increased sales. but january is going to be a volatile month and then we got the federal reserve minutes and that was available to us and there was some discussion that they may end this bond buying program that's been propping up the stock market for such a long time and that's exactly what wall street doesn't want to hear. so now we've backed into negative it tif territory and will probably end the day down. frank frankly, it's highly unlikely that you would see that kind of gain continue. this little bit of a pullback isn't such a bad thing. as one analyst said, we only got half a loaf out of washington. we're still waiting to find out if those spending cuts are actually going to happen. joe? >> everyone and felicia, i mean everyone, has been weighing in with thoughts about the fiscal cliff deal. that also includes the country's ratings agen
forward to the situation room coming up in just minutes. >>> we're also minutes away from the "closing bell." let's go to felicia taylor. felicia? >> adding 115,000 to jobless claims. we also got good news on auto sales. ford, chrysler, gm all having increased sales. but january is going to be a volatile month and then we got the federal reserve minutes and that was available to us and there was some discussion that they may end this bond buying program that's been...
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>> that is the expectation. [ bell ringing ] the opening bell ringing now. get ready to call this a fiscal cliff relief rally. expect to see a triple-dingity gain on the dow. the bigger question, will this rally last? stocks are more of this forward-looking indicator of negotiations over spending cuts and the debt ceiling, the market could be in for rough days ahead. it's the early days of the year that are important, a strong first five days of january almost always leads to gains for the year. it held true in 2012. the s&p 500 gained 13% for the year so we should only hope to see strong gains in the first five days of january. as the day goes on, looking at an 82-point gain on the dow for now. >> alison, we'll stay close to you and stand by, we'll check what the market is doing over the next 90 minutes. >>> it doesn't matter what side of the aisle you're on. the fiscal cliff solution is making a lot of people unhappy. congressman peter welch from vermont voted for it last night, it's good to have you. >> thank you. >> something you said yesterday just befo
>> that is the expectation. [ bell ringing ] the opening bell ringing now. get ready to call this a fiscal cliff relief rally. expect to see a triple-dingity gain on the dow. the bigger question, will this rally last? stocks are more of this forward-looking indicator of negotiations over spending cuts and the debt ceiling, the market could be in for rough days ahead. it's the early days of the year that are important, a strong first five days of january almost always leads to gains for...
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Dec 31, 2012
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speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >>> we've been asking you our viewers to send in your thoughts, your messages to elected representatives, so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> have a good night. i'm don le
speaker john boehner to bring it to a floor for a vote. tom cole says he's confident boehner can get the plans he needs. >> he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner request accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if on the other hand he's neutral and not favorable. then his chances are going to be a lot slimmer. >> we will find out in the morning...
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Jan 2, 2013
01/13
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reaction from marsha blackburn of tennessee. >> also ahead, 22 minutes past the hour. with the fiscal cliff deal in place, what about you? what about your 401(k). what could happen on wall stleet? we'll talk with that ahead. >> when kids arrive back in school. they will be greeted by a new site. armed guards. the new normal it's being called. that's next. you're watching "starting point." ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. th
reaction from marsha blackburn of tennessee. >> also ahead, 22 minutes past the hour. with the fiscal cliff deal in place, what about you? what about your 401(k). what could happen on wall stleet? we'll talk with that ahead. >> when kids arrive back in school. they will be greeted by a new site. armed guards. the new normal it's being called. that's next. you're watching "starting point." ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut!...
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Jan 1, 2013
01/13
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and for some same-sex couples in maryland, that means wedding bells. brian todd has details. >> reporter: wolf, an historic day for social change in the united states. today, maryland became the first state south of the mason-dixon line, that's the historic line dividing north and south in america, the first state south of that line to have legalized same-sex marriage. and this is the place that lent so much symbolism to it all, city hall here in baltimore. at just after midnight, several same-sex couples got married right here. baltimore mayor stephanie rawlings blake officiated at their ceremonies. some of them spoke to reporters. take a listen. >> jim and i met in 1977. and at that time, i just didn't really believe that gay people would ever see the day that they could marry. >> i'm very happy. this is as happy as i've ever been, and to be able to spend the rest of my life with bill, legally, and just show the gay communities, it can be done. >> reporter: now, maryland's governor martin o'malley went against several leaders of his own catholic fait
and for some same-sex couples in maryland, that means wedding bells. brian todd has details. >> reporter: wolf, an historic day for social change in the united states. today, maryland became the first state south of the mason-dixon line, that's the historic line dividing north and south in america, the first state south of that line to have legalized same-sex marriage. and this is the place that lent so much symbolism to it all, city hall here in baltimore. at just after midnight, several...
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Jan 2, 2013
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we're still four hours away from the opening bell. things can change. but the indications are markets, investors very pleased this is out of the way. >> i think a lot of people are happy to hear that but with all of this gloom and doom, you wonder long term what will happen. >> we have a budget process in this country that has set us up for 11th hour conflict one after the other and i think that will be a hallmark of this year. >> too bad. 27 past the hour. when public schools open their doors in new jersey this morning, there will be a major change. armed security guards. that's coming up next. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> the deal is done.end of the fiscal cliff is here, but will you be happy. >> and anna storm returns to television after sustaining second degree burns in a horrific
we're still four hours away from the opening bell. things can change. but the indications are markets, investors very pleased this is out of the way. >> i think a lot of people are happy to hear that but with all of this gloom and doom, you wonder long term what will happen. >> we have a budget process in this country that has set us up for 11th hour conflict one after the other and i think that will be a hallmark of this year. >> too bad. 27 past the hour. when public schools...
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Jan 3, 2013
01/13
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everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. >>> it is 14 minutes past the hour. let's get you up to date. the 113th congress will be sworn in today at noon eastern time. even with new faces in both the house and senate, the new congress will need to pick up where the 112th left off. it must confront the federal debt ceiling and deal with the deep spending cuts called for in those fiscal cliff negotiations. >>> with a deep desire for normalcy, students from connecticut's sandy hook elementary school returned to class today, the first time since the d
everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus...
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Dec 26, 2012
12/12
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will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't even be back, the earliest, until a saturday, if they haven't made a decision today. but, of course, it is true, basic civics tells us all this, that nothing can get done until the house and senate pass it. however, the action, which is really focused on the house up until now, will be and is now more on the senate. the senate democratic leader harry reid is the one trying to figure out if he can get the votes from enough republicans to pass the kind of scaled back bill that the president himself talked about on friday before he went to hawaii, which is effectively his plan to keep taxes in place, tax cuts in place, i sho
will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't even be back, the earliest, until a saturday, if they haven't made a decision today. but,...
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Dec 31, 2012
12/12
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really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vw
really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can...
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Jan 2, 2013
01/13
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CNNW
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big rally for the opening bell. is it holding? >> it is holding. investors reacting how we expected. we see huge gains for stocks to kick off the new year and that's from big gains overnight from markets around the world and that's about the deal to avoid the fiscal cliff. all 30 stocks ma make up the dow jones industrial average are moving higher. hewlett-packard and shares of caterpillar are leading the dow. they were two of the worst performers of 2012, so it may be bargain hunting going on. suzanne. >> tell us about what is not in the bill. >> okay. yeah, you have to remember that the automatic spending cuts, that can was kicked down the road another 60 days. it means another fight is on the horizon for the new congress, and the same set of spending cuts some say threaten economic growth and others say are necessary are still a possibility. these are 8% to 10% cuts to the budgets of most federal agencies and they include defense. the threat of the sequester, that's already having an economic impact, thousand, because government contractors have
big rally for the opening bell. is it holding? >> it is holding. investors reacting how we expected. we see huge gains for stocks to kick off the new year and that's from big gains overnight from markets around the world and that's about the deal to avoid the fiscal cliff. all 30 stocks ma make up the dow jones industrial average are moving higher. hewlett-packard and shares of caterpillar are leading the dow. they were two of the worst performers of 2012, so it may be bargain hunting...
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Dec 31, 2012
12/12
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turns out the end result was no bell weather for the presidential race. walker won, the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans think christie didn't have to be that abusive. he'll remember if his name pops up in 2016. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> from the say what category of entries comes a combo team, todd akin and richard murdoch. >> life is a gift from god, and i think even when life begins in that horrible situation of rape, it is something that god intended to happen. >> republican dreams to take control of the senate in 2012 had dwindled throughout the year, but akin and murdoch pretty much shut that door in a couple sentences. two
turns out the end result was no bell weather for the presidential race. walker won, the first governor in u.s. history to survive a recall election. and another nod to a republican governor. >> i cannot thank the president enough for his personal concern and compassion for the people of our state. >> chris christie's full on embrace of president obama for helping new jersey came days before the election, and had no noticeable effect on the presidential race. but some republicans...
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Dec 26, 2012
12/12
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beating the nuggets, a score of 112-1000, 22-6 on the year. earlier in the day, in the very same building, the l.a. lakers beat the knicks, winning their fifth game in a row, and look who is court side, take a look. rihanna, chris brown, together. you know, the guy who beat her up in his car the night before the 2009 grammys? brown pleaded guilty to assault after that. he is it still on probation. >>> ahead on "starting point" what could be the surefire movie blockbuster of next year. leonardo dicaprio in a classic remake with a modern twist. that and more of the big releases to come in 2013. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ b
beating the nuggets, a score of 112-1000, 22-6 on the year. earlier in the day, in the very same building, the l.a. lakers beat the knicks, winning their fifth game in a row, and look who is court side, take a look. rihanna, chris brown, together. you know, the guy who beat her up in his car the night before the 2009 grammys? brown pleaded guilty to assault after that. he is it still on probation. >>> ahead on "starting point" what could be the surefire movie blockbuster of...
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Dec 27, 2012
12/12
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CSPAN
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well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volcker's paper, which are when i read a few years ago, i thought it was the most remarkable document ever to emerge from washington in the last 50 years, 60 years. asked a simple question. now that america is losing its surplus, looking at the emerging economies of the world -- primarily germany and japan at the time -- how will we retain our hegemony? he said we could not recycle our own surpluses. we must recycle other people's surpluses. and this is what happened between the mid-1970's and 2008. the u.s. utilizing its trade deficit with the rest of the world has been operating like a huge vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. to keep the factori
well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volcker's paper, which are when i read a few years ago, i thought it was the most remarkable document ever to emerge from washington in the last 50 years, 60 years. asked a simple question. now that america is losing its surplus, looking at the emerging...
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Dec 28, 2012
12/12
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in fact, we're sort of catch-22 here. many of our republican colleagues say the money is spent out too slowly, and then they want to put more levels of red tape, bureaucracy, slowdown. and what if the contract is challenged in court? while businesses lay fallow, while homes are not built, while shorelines are unprotected and naked. so there is a time. i've generally been a supporter of competitive bidding. but as the scriptures say, there's a time and a place for everything. and when you're dealing with many aspects of an emergency, that shouldn't be. my colleague on the other side, for whom i have great respect -- he's a true gentleman, he does what he believes and he says what he believes and he votes against interests that might affect his own state when he does it -- but he has not made any exceptions. and that makes no sense. this will hurt people and hurt them badly, and in many instances will end up costing us more, will end up costing us more. and most -- many competitively bid contracts -- we've all been through
in fact, we're sort of catch-22 here. many of our republican colleagues say the money is spent out too slowly, and then they want to put more levels of red tape, bureaucracy, slowdown. and what if the contract is challenged in court? while businesses lay fallow, while homes are not built, while shorelines are unprotected and naked. so there is a time. i've generally been a supporter of competitive bidding. but as the scriptures say, there's a time and a place for everything. and when you're...
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Jan 2, 2013
01/13
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CSPAN2
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so you really, you know, society needs to do something with 18-year-olds to 22-year-olds. and, you know, we're not, we're not stepping up to it. >> and your sense is that even though it's not what it could be, on average kids who are graduating from college are still getting a lot of skills and that the labor market numbers bear that out, i assume? >> yes. i wish that kids got more information about employability relative to what major and what university they pick. i do think there's an information failure that we could shift kids in terms of picking better schools and picking better majors that you'd have a better match between the labor market and those things. but on balance if you don't go to a four-year school, you're, you know, as a minority you have more chance of going to jail than getting a decent job. and so i don't think there's any picture that doesn't involve getting more people to go to four-year universities. now, you know, somebody can argue that with online techniques and acceleration a lot of people can complete that degree in three years. i think there'
so you really, you know, society needs to do something with 18-year-olds to 22-year-olds. and, you know, we're not, we're not stepping up to it. >> and your sense is that even though it's not what it could be, on average kids who are graduating from college are still getting a lot of skills and that the labor market numbers bear that out, i assume? >> yes. i wish that kids got more information about employability relative to what major and what university they pick. i do think...
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and now you're protected. >> 22 minutes past the hour your fox news minute. u.s. drone strike skilling 13 pakistani today including a senior militant commander. he was reportedly killed when a missile hit the house he was in new the afghan border. the militant is responsible for focusing attacks on american forces in afghanistan. opposition leaders are demanding venezuelan president hugo chavez's administration announce whether he is healthy enough to be sworn in jan. tenth. he has not been seen in public since undergoing surgery dec. eleventh. venezuela's opposition leader says the government should hold the election if he is too ville return from cuba. police in india are filing rape and murder charges against five men accused and the gang rape of a woman in new delhi last month. the case sparked protests across the country demanding greater protection for women. indian officials say they plan to pursue the death penalty. those are your headlines. cheryl: thank you from the fox news channel. appreciate it. consumer spending accounts for two thirds of the u.s. ec
and now you're protected. >> 22 minutes past the hour your fox news minute. u.s. drone strike skilling 13 pakistani today including a senior militant commander. he was reportedly killed when a missile hit the house he was in new the afghan border. the militant is responsible for focusing attacks on american forces in afghanistan. opposition leaders are demanding venezuelan president hugo chavez's administration announce whether he is healthy enough to be sworn in jan. tenth. he has not...
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"count down to the closing bell" is next. don't go anywhere. ♪ [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook wt you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ametrade.
"count down to the closing bell" is next. don't go anywhere. ♪ [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook wt you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to...
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the markets are flat, dow industrials down 22. just released this morning the 30-year fixed-rate mortgage rate 3.34%, slight drop from last week. today is the day automakers to lease sales numbers, ford up, take a look at the stock, 1356. gm sales up 5% december year over year. gm stock 29. we told you about toyota, sales up 9% december year over year. toyota stock for at $93 a share. at wapner denouncing u.s. regulators approved a new standard that will be launched in america at immediately. shares of at labs up 2%. mike reagan on what he has to say about california being the highest taxed state in the country. stuart: if you add the new higher tax rate from the fiscal cliff the lead the federal level to the new higher tax rate at the state level in california, add them together and you got some money in your pocket, you are paying a ton. how does mike reagan feel about that? he is in california, i want to know how he feels about living in the highest prize, highest taxed state in the nation. what do you say? >> it is not easy. i
the markets are flat, dow industrials down 22. just released this morning the 30-year fixed-rate mortgage rate 3.34%, slight drop from last week. today is the day automakers to lease sales numbers, ford up, take a look at the stock, 1356. gm sales up 5% december year over year. gm stock 29. we told you about toyota, sales up 9% december year over year. toyota stock for at $93 a share. at wapner denouncing u.s. regulators approved a new standard that will be launched in america at immediately....
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Dec 27, 2012
12/12
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FBC
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people are factoring in -- my tax benefits, maybe my taxes will be raised by $22 million a year come january and is having a downdraft on the economy. very irresponsible. i want this solve the. >> dennis: your democratic colleagues said the problem is division among republicans and thought that was a republican/democrat thing. >> it is both. there's plenty of blame to go around on both sides. democrats are to blame for eat the ridge ideological crusade, the congressional budget office and ernst and young warned will destroych ideological crusade, the congressional budget office and ernst and young warned will destroy 2,700,000 middle-class jobs and republicans should try to save as many people as possible. that is the impasse and ultimately the leadership of the house is responsible for not having the house in session right now to be hammering this out. marcy and i can trade charges back-and-forth on tv but we are not in the same room to actually deliver 8 -- deliberate as the legislative process is designed to do. i am embarrassed to be in my district when the house should be in was
people are factoring in -- my tax benefits, maybe my taxes will be raised by $22 million a year come january and is having a downdraft on the economy. very irresponsible. i want this solve the. >> dennis: your democratic colleagues said the problem is division among republicans and thought that was a republican/democrat thing. >> it is both. there's plenty of blame to go around on both sides. democrats are to blame for eat the ridge ideological crusade, the congressional budget...
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Dec 26, 2012
12/12
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FBC
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boehner is worried about the country but most of all worried about mr. boehner. tracy: right, exactly. peter, i love your analogy we could go bungee jumping because i think at end of the day that is what happens, right? they will make everything retroactive. what does that do to the economy or at least people's psyches, very well be the first month of the year? >> if it is a whole month it is not bunge jumping. we're off the cliff. they have to have a deal in sight or people will start to change their behavior in two ways. they have less money to spend. if you think folks lack confidence in washington now, if they can not resolve it and no liz solution in sight, consumers won't have much confidence in washington and investors may start getting shaky about u.s. bond. tracy: peter what is the time frame, what do they have? do they have a week into the new year? two weeks before all hell breaks loose? >> it depend whether in the first week they have the makings of a deal and matter of just getting it through so by the 15th we're done. if we get up on the third and w
boehner is worried about the country but most of all worried about mr. boehner. tracy: right, exactly. peter, i love your analogy we could go bungee jumping because i think at end of the day that is what happens, right? they will make everything retroactive. what does that do to the economy or at least people's psyches, very well be the first month of the year? >> if it is a whole month it is not bunge jumping. we're off the cliff. they have to have a deal in sight or people will start to...
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Dec 26, 2012
12/12
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FBC
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looks like down about 22 per share. let's look at all the various indices. not a good way to start training for the holidays. there we go, we are all in the red. the biggest hit is the nasdaq, the tech heavy nasdaq down all day. even when the dow was up, the nasdaq down, tech stocks taking a beating today. shibani: weak sales sending retailers and they read it today. so the high-end names among the worst performers. coach, michael kors, not holding up in today's market. david: even the homebuilders could not get a bounce. could it possibly be some profit taking? up tremendously the past three to six months so perhaps that is what is going on. some prices are looking down a bit after having gone up tremendously even the overall trend is good for homebuilding but for every reason stocks are down today. we're getting dangerously close going over the fiscal cliff which means taxes go up for everybody who pays taxes but what else does it mean for you -@and for the economy? the chief of staff on george w. bush council of economic advisors, she thinks we're probabl
looks like down about 22 per share. let's look at all the various indices. not a good way to start training for the holidays. there we go, we are all in the red. the biggest hit is the nasdaq, the tech heavy nasdaq down all day. even when the dow was up, the nasdaq down, tech stocks taking a beating today. shibani: weak sales sending retailers and they read it today. so the high-end names among the worst performers. coach, michael kors, not holding up in today's market. david: even the...
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Dec 31, 2012
12/12
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FBC
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we're up about $22 right now ahead of the close and in about 10 minutes. the pit trading session closed. gold futures are up 6% so far this year. underperforming the stock market, but still, guys on pays for its 12th straight annual gain. if you bought into gold at the beginning of the year you're still making money in the yellow metal. oil prices you ends ined the gain we're seeing there. oil still up more than a buck on the session. still a few minutes to go in the pits trading session there, nearly at $92 a barrel close but still down on the year. oil prices down 8% year-to-date, even though we're still looking at prices going or the year 90 dollars a barrel. i want to point one thing out. when you're looking at the best performing a commodity that trades on the cme, it happens to be lumber. this as we continue to get some positive economic data this year surrounding the home builders and the housing market in general. lumber prices way up there, guys, for 2012, up 52%. next hour, guys, we'll be over in the s&p 500 futures pit. back to you. ashley:. lor
we're up about $22 right now ahead of the close and in about 10 minutes. the pit trading session closed. gold futures are up 6% so far this year. underperforming the stock market, but still, guys on pays for its 12th straight annual gain. if you bought into gold at the beginning of the year you're still making money in the yellow metal. oil prices you ends ined the gain we're seeing there. oil still up more than a buck on the session. still a few minutes to go in the pits trading session there,...
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Dec 26, 2012
12/12
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FOXNEWSW
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it is 22 minutes after the hour. he wasn't home for the holiday but it was still a special christmas for former president george h.w. bush. his wife barbara joining him for a special chinese food dinner for the hospital. his son neil, grandson peter also visited him. they are optimistic he will recover from a bronchitis related cough. how is this one for scary? jails may be forced to reach le prisoners. two were released in oregon because of budget cuts. without a deal there will be an 8 percent cut in federal grants to state and law enforcement. ainsley? >> thanks, heather. did you get a handful of gift cards that you can't use or gifts you don't want for christmas you are not alone. today is the great day to turn the unwanted gifts and gift cards into cash. consumers savings experts andrea is here with phipps for us. what can we do if we got a bunch of gift cards we don't want. >> you always think a gift card is an easy gift sometimes you get a restaurant that you don't frequent or places that aren't nearby. you ca
it is 22 minutes after the hour. he wasn't home for the holiday but it was still a special christmas for former president george h.w. bush. his wife barbara joining him for a special chinese food dinner for the hospital. his son neil, grandson peter also visited him. they are optimistic he will recover from a bronchitis related cough. how is this one for scary? jails may be forced to reach le prisoners. two were released in oregon because of budget cuts. without a deal there will be an 8...
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Jan 2, 2013
01/13
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FOXNEWSW
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so we will go up 200 points at the opening bell. how long it lasts is another story entirely because eight weeks from now we face another cliff. that is the debt ceiling cliff. and again that debt problem is thus far unresolved. arthel: so more headaches to come? >> yes. arthel: oh, boy. stu, many lawmakers wanted to get the deal to prevent a negative impact on the economy. here is michigan congressman sander levin on what they needed to do. >> markets reopening around the world, around the world, and all eyes focusing whether this institution can govern. this legislation allows us to get done what we need to get done. this bill is vital for our nation's economic well-being. >> well, again the market is rallying because it could have been worse. and because a decision, albeit in my opinion a bad one, has been made, which takes some uncertainty out. how long this 200-point rally for the dow will last is anybody's guess. arthel: that's why they had to act, they had to act now but there is more to time. stew varn any, -- varney, thanks
so we will go up 200 points at the opening bell. how long it lasts is another story entirely because eight weeks from now we face another cliff. that is the debt ceiling cliff. and again that debt problem is thus far unresolved. arthel: so more headaches to come? >> yes. arthel: oh, boy. stu, many lawmakers wanted to get the deal to prevent a negative impact on the economy. here is michigan congressman sander levin on what they needed to do. >> markets reopening around the world,...
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Jan 2, 2013
01/13
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FOXNEWSW
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the bell will go off. >>steve: if you're the president you don't want that fight bought that is going to be a hraougs hand. >>brian: there is no tax increase sunsetting. >>juliet: let's talk about what congress is doing post this situation, the fiscal cliff. this is a rasmussen report poll how do you rate the way congress is doing its job? 69% says poor. that pretty much says it all. 5% says good or excellent. i'd love to meet those 5%. >>steve: for a lot of months a lot of people, observers of washington said there is a real possibility we could wind up with a grand bargain where we saw $4 trillion off of our debt and deficit. it didn't happen. the problem for the president is he's got some stuff he wants to get done before he assumes lame-duck status. and because this fight was contentious, and in particular with the president going into the briefing room of the eisenhower executive office building on monday afternoon, there are a lot of hurt feelings on both sides of the aisle regarding this. if the pre
the bell will go off. >>steve: if you're the president you don't want that fight bought that is going to be a hraougs hand. >>brian: there is no tax increase sunsetting. >>juliet: let's talk about what congress is doing post this situation, the fiscal cliff. this is a rasmussen report poll how do you rate the way congress is doing its job? 69% says poor. that pretty much says it all. 5% says good or excellent. i'd love to meet those 5%. >>steve: for a lot of months a lot...
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Dec 31, 2012
12/12
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FOXNEWSW
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really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! he >> juliet: good morning, everybody. today is monday, december 31, i'm juliet huddy in for gretchen. serious story to start out with. hillary clinton has been hospitalized. she has a blood clot. we'll have a live report with the latest on her condition and what it could mean for the investigation into the attacks on benghazi. >> dave: sorry, america. less than 24 hours to go but no deal on the fiscal cliff. why can't lawmakers get it together? we'll ask a master negotiator, donald trump, what is happening in this process in moments. >> clayton: and say good-bye to 2012. we are live in times square with the man in charge of putting on the biggest show of the year. "fox & friends" hour two begins right now. ♪ i'll never ever get back together ♪ ♪ . >> juliet: oh, in honor of dave briggs, this is his last day with us. h
really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! he >> juliet: good morning, everybody. today is monday, december 31, i'm juliet huddy in for gretchen. serious story to start out with. hillary clinton has been hospitalized. she has a blood clot. we'll have a live report with the latest on her...
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the dow jumped 232 points at the opening bell and then kept soaring, gaining more than 308 points by closing time. and abc's bianna golodryga is here to tell us about american retirement accounts and if this bounce is expected to last. bianna? >> reporter: good evening, diane. as one trader just told me moments ago, there was a huge sigh of relief on wall street today. investors liking what they heard from washington overnight a lot. the dow jones up 300 points, the largest gain the market has seen in over a year. if you combine today's 300-plus jump with the additional 166 points from new year's eve, the blue chips had their biggest point gains ever for the last day and first day of any year. >> what we saw today was a relief rally, with the deal being done, the markets up, a sigh of relief. >> reporter: all 30 dow jones stocks were up and more than 90% of the s&p 500. the markets were optimistic that the economy wouldn't fall into recession after congress agreed to a deal that prevented most tax increases and postponed painful government spending cuts for another two months. big na
the dow jumped 232 points at the opening bell and then kept soaring, gaining more than 308 points by closing time. and abc's bianna golodryga is here to tell us about american retirement accounts and if this bounce is expected to last. bianna? >> reporter: good evening, diane. as one trader just told me moments ago, there was a huge sigh of relief on wall street today. investors liking what they heard from washington overnight a lot. the dow jones up 300 points, the largest gain the...
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Dec 27, 2012
12/12
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KGO
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that compares to 15% last year kÑ come core, ibm says online sales on christmas day grew 22% up from 60% growth rate last year. shares of research in motion on the rebound today, rising 11%. that move comes after rim lost a quarter of the market value in the two previous sessions after earnings report shares tanking after the black berry maker agreed to lower payments in the future. and samsung getting back at ericson, filing a complaint the u.s. interthagsal trade commission after the u.s. banned import and sale of a they violate seven patents. both product impacts and devices come about a month after ericson sued samsung for patent infringement. stocks down and bloomberg silicon valley index lower, shares of apple and ebay leading declines. microsoft ringing in the new year announcing it's store locations for 2013, software giants says goitsing to open six new locations nest next year, including stores in miami, st. louis and san francisco. microsoft capping off the year and opens 51 pop up stores including first international outposts in canada. back to you. >> thank you so much.
that compares to 15% last year kÑ come core, ibm says online sales on christmas day grew 22% up from 60% growth rate last year. shares of research in motion on the rebound today, rising 11%. that move comes after rim lost a quarter of the market value in the two previous sessions after earnings report shares tanking after the black berry maker agreed to lower payments in the future. and samsung getting back at ericson, filing a complaint the u.s. interthagsal trade commission after the u.s....
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1.8K
Jan 3, 2013
01/13
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KNTV
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the bell gins decided to investigate. the french don't really care. for the centuries of peeling, chopping, luxurious hot oil treatments, whether in the suddenly gone translate bag or work of culinary art. >> bon appetite. >> reporter: could it really be the crispy salty, restoratively groce french fries is actually not french? we took to the streets of paris and found surrender. >> are they really french? >> yeah. >> no, they're belgian. >> you think they're belgian? >> yeah, i think so. >> reporter: we asked foodies. would you be terribly upset if french fries were not actually french? >> no. >> reporter: consulted authors, experts. >> even though they're belgian, i still think of them as french. >> reporter: you know they're belgian? >> everybody says they're belgian. >> reporter: belgians, who serve thousands with mayonnaise decided to find out which tale from the deep fryer of history might be true. could those from the revolution not eat cake but potatoes to survive or was it belgian fishermen lacking fish to fry invented fries. the belgians fin
the bell gins decided to investigate. the french don't really care. for the centuries of peeling, chopping, luxurious hot oil treatments, whether in the suddenly gone translate bag or work of culinary art. >> bon appetite. >> reporter: could it really be the crispy salty, restoratively groce french fries is actually not french? we took to the streets of paris and found surrender. >> are they really french? >> yeah. >> no, they're belgian. >> you think they're...
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Jan 3, 2013
01/13
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KNTV
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santa rosa over 22 inches so far for the rainfall season. then you look at san jose, only 7.19. doesn't seem like a lot but you're living in the shadow of the santa cruz mountains. it is putting you at 137% of normal as well in the south bay. everyone doing great when it comes to that rainfall with the active november and december. the huge story continues to be the cold temperatures. 49 right now in santa rosa. 46 in sunnyvale. and back across the east bay, the most widespread cold is. 44 in walnut creek and 46 in pleasanton. key, remember the pets tonight. bring them inside and also remember to cover up the sensitive plants. let's take you outside to live camera network. you can see the lights are shining bright. we'll have a meteor shower event as we head into tomorrow morning. that's when you're going to go outside and maybe see a shooting star from that but definitely bring that jacket. up into san rafael, one of the coldest spots in the north bay as napa, marin and sonoma will be dropping down into the low 30s. back to the weather boards. we do have a storm system out here
santa rosa over 22 inches so far for the rainfall season. then you look at san jose, only 7.19. doesn't seem like a lot but you're living in the shadow of the santa cruz mountains. it is putting you at 137% of normal as well in the south bay. everyone doing great when it comes to that rainfall with the active november and december. the huge story continues to be the cold temperatures. 49 right now in santa rosa. 46 in sunnyvale. and back across the east bay, the most widespread cold is. 44 in...
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Dec 26, 2012
12/12
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KPIX
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one was a 22 year veteran, and the other was just 19. for cbs this morning, michelle miller new york. >> in afghanistan this morning, the taliban is taking responsibility for a suicide bm attack outside of a u.s. military base. no americans died in the attack and officials say the bombers vehicle exploded. the bomber did not get inside the base. >> the world's longest high-speed railroad is now running in china. the first train left beijing this morning. it runs more than 1400 miles, about the distance from boston to miami. it used to take 20 hours, and now it will take 8 with the train hitting speeds of 200 miles per hour and more. the tickets go up to $470 for the vip round. they want to build a grid of trains by 2020. >>> the "new york times" says jerusalem will look at restrictions of what women can wear when they pray. >>> "usa today" says that more than 170 fridayers could be set free. they must be released or resentenced because they didn't commit a federal crime or were sentenced far longer than the law allows. >>> the health car
one was a 22 year veteran, and the other was just 19. for cbs this morning, michelle miller new york. >> in afghanistan this morning, the taliban is taking responsibility for a suicide bm attack outside of a u.s. military base. no americans died in the attack and officials say the bombers vehicle exploded. the bomber did not get inside the base. >> the world's longest high-speed railroad is now running in china. the first train left beijing this morning. it runs more than 1400...
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Dec 31, 2012
12/12
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KRON
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bell will puppeteer, kevin clash was forced to resign from sesame street. accusations of sexual misconduct with minors. his lawyer says that this case is without merit. however, he loved sesame street after 22 years 28 years-- >> this tallest-highly celebrity kerstin stewart moved out of the home after this alleged affair with her co-star from twilight. she allegedly had a affair with a director. order, her boyfriend for caper. >> the shocking entertainment world, after six years, katie holmes filed for divorce, blind spot a sighting. >> it is how katie homes had everything so well prepared. although she asked for full custody. they all eventually settled amicably. just two weeks later and did one of the most high-profile celebrity marriages. if >> this breaking news of the death of whitney houston. >> this was tragic. this sex will but often troubled career. heard-successful but often troubled career when she was 48 years old. just one night before the grammys. this was an accidental drowning. as a possible contributor. >> what we can expect for tonight in
bell will puppeteer, kevin clash was forced to resign from sesame street. accusations of sexual misconduct with minors. his lawyer says that this case is without merit. however, he loved sesame street after 22 years 28 years-- >> this tallest-highly celebrity kerstin stewart moved out of the home after this alleged affair with her co-star from twilight. she allegedly had a affair with a director. order, her boyfriend for caper. >> the shocking entertainment world, after six years,...